Breaking News, Latest News, World News, India News, Cricket, Videos & Photos

Artificial Intelligence Robots Market to grow by USD 13.23 billion| Evolving Opportunities with ABB Ltd. & Alphabet Inc. |17000+ Technavio Reports


NEW YORK, Nov. 24, 2021 /PRNewswire/ — The artificial intelligence robots market size is set to grow by USD 13.32 billion from 2021 to 2026, according to Technavio. However, growth momentum is likely to decelerate at a CAGR of 27.49%. Some of the vendors for the artificial intelligence robots market include ABB Ltd., Alphabet Inc., HANSON ROBOTICS Ltd., Intel Corp., International Business Machines Corp., KUKA AG, Microsoft Corp., NVIDIA Corp., SoftBank Robotics Group Corp., and Xilinx Inc.

For more insights on Artificial Intelligence Robots Market – Read our Sample Report

Artificial Intelligence Robots Market 2022-2026:Drivers & Challenges

The artificial intelligence robots market is fragmented, and the degree of fragmentation will decelerate during the forecast period. The factors such as the high adoption of private-use robots and support from Governments to develop modern technologies will offer immense growth opportunities.  However, the increasing budget for robots will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. 

Artificial Intelligence Robots Market 2022-2026: Scope

The report also covers the following areas:

Artificial Intelligence Robots Market 2022-2026: Segmentation

  • Type
    • Service
    • Industrial
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

Artificial Intelligence Robots Market 2022-2026: Key Regions & Revenue Generating Segment

44% of the market’s growth will originate from APAC. China, Japan, and South Korea (Republic of Korea) are the key markets for artificial intelligence robots in APAC. The emergence of new tools for the analysis of big data will facilitate the artificial intelligence robots market growth in APAC over the forecast period.

The artificial intelligence robots market share growth by the service segment has been significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence robots market size.

Get lifetime access to our Technavio Insights. Subscribe now to our most popular “Lite Plan” billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!

Artificial Intelligence Robots Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist artificial intelligence robots market growth during the next five years
  • Estimation of the artificial intelligence robots market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial intelligence robots market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of artificial intelligence robots market vendors

Related Reports:

Logistics Robots Market –The logistics robots market has the potential to grow by USD 7.07 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 29.83%. Download a free sample now!



Healthcare Robots Market –The healthcare robots market share should rise by USD 5.59 billion from 2021 to 2025 at a CAGR of 13.99%. Download a free sample now!

Artificial Intelligence Robots Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 27.49%

Market growth 2022-2026

USD 13.32 billion

Market structure

Fragmented

YoY growth (%)

29.97

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 44%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Alphabet Inc., HANSON ROBOTICS Ltd., Intel Corp., International Business Machines Corp., KUKA AG, Microsoft Corp., NVIDIA Corp., SoftBank Robotics Group Corp., and Xilinx Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download a free sample now to uncover highlights deployed by Companies in the artificial intelligence robots market. 

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/artificial-intelligence-robots-market-to-grow-by-usd-13-23-billion-evolving-opportunities-with-abb-ltd–alphabet-inc-17000-technavio-reports-301431222.html

SOURCE Technavio



Source link

The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept

Privacy & Cookies Policy